Deloitte Case Reflection
Looking at the results of the competition, we did very well. Each team member had solid time management skills in preparation and project assignments. On the first day we received the project, we asked the whole group to finish reading the materials and list the problems and possible solutions. During the discussion sessions, we efficiently used class time to collect ideas, filter the most overlapping ones as the primary suggestions, consolidate the rest into alternatives, and organize the presentation framework and the content division. By Friday, we had completed the first draft of the speech and organized another meeting to revise the existing speech. We skillfully applied what we had learned in our communication class, using a timeline and an opening to bring our clients closer to us. The night before the presentation, we rehearsed and organized questions that might be asked by the client, and the whole group standardized the way we answered the questions. We still did two rehearsals 20 minutes before the presentation to familiarize ourselves with the content so that we could complete the presentation with ease and confidence.
Since no one in our group was good at finance or balance sheet analysis, we were unable to determine whether we were proposing a realistic method of financing when we presented our proposal. For example, we knew that the company's finances were in bad shape, but we recommended that the company continue taking out loans. Even though this is consistent with our long-term vision for the company, it may be challenging to realize in real life. Therefore, if there is a next time, we will conduct a more in-depth analysis of the data to provide a more realistic and accurate forecast and assessment. Overall, I am proud of our efficiency and tacit understanding.